Friday Volatility Ahead: Key $BTC Levels to Watch
Tomorrow marks the last active trading day before markets enter weekend consolidation. I anticipate heightened volatility with potential whipsaws in both directions.
Key Expectations:
$90K support will hold through the week's close
Weekend price action: Likely subdued, ranging in a tight local consolidation
Friday volatility drivers:
Last-minute position squaring by institutional traders
Potential liquidity grabs around key levels
Strategic Outlook:
While we might see aggressive moves tomorrow, the underlying strength suggests bulls will maintain control above $90K. Prepare for possible:
Early session shakeouts below support
Late-day recovery to maintain weekly structure
Reduced participation during Saturday/Sunday
The $90K level now serves as both technical and psychological support - losing it would require significant fundamental catalysts that appear absent currently.